The End of Influence: What Happens When Other Countries Have the Money


Stephen S. Cohen - 2009
    Now, America finds itself cash poor, and to a great extent power follows money. In The End of Influence, renowned economic analysts Stephen S. Cohen and J. Bradford DeLong explore the grave consequences this loss will have for America's place in the world. America, Cohen and DeLong argue, will no longer be the world's hyperpower. It will no longer wield soft cultural power or dictate a monolithic foreign policy. More damaging, though, is the blow to the world's ability to innovate economically, financially, and politically. Cohen and DeLong also explore American's complicated relationship with China, the misunderstood role of sovereign wealth funds, and the return of state-led capitalism. An essential read for anyone interested in how global economics and finance interact with national policy, The End of Influence explains the far-reaching and potentially long-lasting but little-noted consequences of our great fiscal crisis.

No One's World: The West, the Rising Rest, and the Coming Global Turn


Charles A. Kupchan - 2012
    Between 1500 and 1800, the West sprinted ahead of other centers of power in Asia and the Middle East. Europe and the United States have dominated the world since. But today the West's preeminence is slipping away as China, India, Brazil and other emerging powers rise. Although most strategists recognize that the dominance of the West is on the wane, they are confident that its founding ideas--democracy, capitalism, and secular nationalism--will continue to spread, ensuring that the Western order will outlast its primacy.In No One's World, Charles A. Kupchan boldly challenges this view, arguing that the world is headed for political and ideological diversity; emerging powers will neither defer to the West's lead nor converge toward the Western way. The ascent of the West was the product of social and economic conditions unique to Europe and the United States. As other regions now rise, they are following their own paths to modernity and embracing their own conceptions of domestic and international order.Kupchan contends that the Western order will not be displaced by a new great power or dominant political model. The twenty-first century will not belong to America, China, Asia, or anyone else. It will be no one's world. For the first time in history, the world will be interdependent--but without a center of gravity or global guardian.More than simply diagnosing what lies ahead, Kupchan provides a detailed strategy for striking a bargain between the West and the rising rest by fashioning a new consensus on issues of legitimacy, sovereignty, and governance. Thoughtful, provocative, sweeping in scope, this work is nothing less than a global guidebook for the 21st century.

The Euro and the Battle of Ideas


Markus Brunnermeier - 2016
    In this book, Markus Brunnermeier, Harold James, and Jean-Pierre Landau argue that the core problem with the Euro lies in the philosophical differences between the founding countries of the Eurozone, particularly Germany and France. But the authors also show how these seemingly incompatible differences can be reconciled to ensure Europe's survival.As the authors demonstrate, Germany, a federal state with strong regional governments, saw the Maastricht Treaty, the framework for the Euro, as a set of rules. France, on the other hand, with a more centralized system of government, saw the framework as flexible, to be overseen by governments. The authors discuss how the troubles faced by the Euro have led its member states to focus on national, as opposed to collective, responses, a reaction explained by the resurgence of the battle of economic ideas: rules vs. discretion, liability vs. solidarity, solvency vs. liquidity, austerity vs. stimulus.Weaving together economic analysis and historical reflection, The Euro and the Battle of Ideas provides a forensic investigation and a road map for Europe's future.

Zero Hour for Gen X: How the Last Adult Generation Can Save America from Millennials


Matthew Hennessey - 2018
    Soon Gen Xers will be the only cohort of Americans who remember life as it was lived before the arrival of the Internet. They are, as Hennessey dubs them, “the last adult generation,” the sole remaining link to a time when childhood was still a bit dangerous but produced adults who were naturally resilient. More than a decade into the social media revolution, the American public is waking up to the idea that the tech sector’s intentions might not be as pure as advertised. The mountains of money being made off our browsing habits and purchase histories are used to fund ever-more extravagant and utopian projects that, by their very natures, will corrode the foundations of free society, leaving us all helpless and digitally enslaved to an elite crew of ultra-sophisticated tech geniuses. But it’s not too late to turn the tide. There’s still time for Gen X to write its own future. A spirited defense of free speech, eye contact, and the virtues of patience, Zero Hour for Gen X is a cultural history of the last 35 years, an analysis of the current social and historical moment, and a generational call to arms.

Dr Mahathir's: Selected Letters to World Leaders


Mahathir Mohamad - 2007
    The correspondence presents a less-than-ideal world for the reader to inhabit. Their correspondence was transparent, solid, informative, and sometimes strong. The memories they and their words leave behind are always startling. Dr Mahathir writes directly, in his own recognisable voice and style, a unique correspondence by a remarkable Malaysian former prime minister. An excellent book to be enjoyed, on many different levels, by all who love politics, diplomacy and international relations. Never before published, these letters are written in a clear and easy-to-understand style.

The Alchemists: Three Central Bankers and a World on Fire


Neil Irwin - 2013
    They were the leaders of the world’s three most important central banks: Ben Bernanke of the U.S. Federal Reserve, Mervyn King of the Bank of England, and Jean-Claude Trichet of the European Central Bank. Over the next five years, they and their fellow central bankers deployed trillions of dollars, pounds and euros to contain the waves of panic that threatened to bring down the global financial system, moving on a scale and with a speed that had no precedent. Neil Irwin’s The Alchemists is a gripping account of the most intense exercise in economic crisis management we’ve ever seen, a poker game in which the stakes have run into the trillions of dollars. The book begins in, of all places, Stockholm, Sweden, in the seventeenth century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central banker came to exert such vast influence over our world, from its troubled beginnings to the Age of Greenspan, bringing the reader into the present with a marvelous handle on how these figures and institutions became what they are – the possessors of extraordinary power over our collective fate.  What they chose to do with those powers is the heart of the story Irwin tells. Irwin covered the Fed and other central banks from the earliest days of the crisis for the Washington Post, enjoying privileged access to leading central bankers and people close to them. His account, based on reporting that took place in 27 cities in 11 countries, is the holistic, truly global story of the central bankers’ role in the world economy we have been missing.  It is a landmark reckoning with central bankers and their power, with the great financial crisis of our time, and with the history of the relationship between capitalism and the state. Definitive, revelatory, and riveting, The Alchemists shows us where money comes from—and where it may well be going.

Web Of Deceit: Britain's Real Foreign Policy


Mark Curtis - 2003
    Curtis argues that Britain is an 'outlaw state', often a violator of international law and ally of many repressive regimes. He reasons not only that Britain's foreign policies are generally unethical but that they are also making the world more dangerous and unequal. The Web of Deceit describes the staggering gulf that has arisen between New Labour's professed commitment to upholding ethical values and the reality of current policies. It outlines the new phase in global intervention, the immorality of British policy in Afghanistan, Kosovo, Iraq and Indonesia and support for repressive governments in Israel, Russia, Turkey and Saudi Arabia. Curtis also reveals Britain's acquiescence in the Rwanda genocide and economic policies in the World Trade Organisation that are increasing poverty and inequality around the world. Drawing on formerly secret government files, the book also shows British complicity in the slaughter of a million people in Indonesia in 1965; the depopulation of the island of Diego Garcia; the overthrow of governments in Iran and British Guiana; repressive colonial policies in Kenya, Malaya and Oman; and much more.

ISIS: Inside the Army of Terror


Michael Weiss - 2015
    In ISIS: Inside the Army of Terror, American journalist Michael Weiss and Syrian analyst Hassan Hassan explain how these violent extremists evolved from a nearly defeated Iraqi insurgent group into a jihadi army of international volunteers who behead Western hostages in slickly produced videos and have conquered territory equal to the size of Great Britain. Beginning with the early days of Abu Musab al-Zarqawi, the founder of ISIS’s first incarnation as “al-Qaeda in Iraq,” Weiss and Hassan explain who the key players are—from their elusive leader Abu Bakr al-Baghdadi to the former Saddam Baathists in their ranks—where they come from, how the movement has attracted both local and global support, and where their financing comes from. Political and military maneuvering by the United States, Iraq, Iran, and Syria have all fueled ISIS’s astonishing and explosive expansion. Drawing on original interviews with former US military officials and current ISIS fighters, the authors also reveal the internecine struggles within the movement itself, as well as ISIS’s bloody hatred of Shiite Muslims, which is generating another sectarian war in the region. Just like the one the US thought it had stopped in 2011 in Iraq. Past is prologue and America’s legacy in the Middle East is sowing a new generation of terror.

Europe Since 1989: A History


Philipp Ther - 2014
    It was also the year that the economic theories of Reagan, Thatcher, and the Chicago School achieved global dominance. And it was these neoliberal ideas that largely determined the course of the political, economic, and social changes that transformed Europe—both east and west—over the next quarter century. This award-winning book provides the first comprehensive history of post-1989 Europe.Philipp Ther—a firsthand witness to many of the transformations, from Czechoslovakia during the Velvet Revolution to postcommunist Poland and Ukraine—offers a sweeping narrative filled with vivid details and memorable stories. He describes how liberalization, deregulation, and privatization had catastrophic effects on former Soviet Bloc countries. He refutes the idea that this economic "shock therapy" was the basis of later growth, arguing that human capital and the “transformation from below” determined economic success or failure. Most important, he shows how the capitalist West's effort to reshape Eastern Europe in its own likeness ended up reshaping Western Europe as well, in part by accelerating the pace and scope of neoliberal reforms in the West, particularly in reunified Germany. Finally, bringing the story up to the present, Ther compares events in Eastern and Southern Europe leading up to and following the 2008–9 global financial crisis.A compelling and often-surprising account of how the new order of the New Europe was wrought from the chaotic aftermath of the Cold War, this is essential reading for understanding Europe today.

Easternization: Asia's Rise and America's Decline From Obama to Trump and Beyond


Gideon Rachman - 2017
    Easternization is the defining trend of our age the growing wealth of Asian nations is transforming the international balance of power. This shift to the East is shaping the lives of people all over the world, the fate of nations, and the great questions of war and peace. A troubled but rising China is now challenging America s supremacy, and the ambitions of other Asian powers including Japan, North Korea, India, and Pakistan have the potential to shake the whole world. Meanwhile the West is struggling with economic malaise and political populism, the Arab world is in turmoil, and Russia longs to reclaim its status as a great power. As it becomes clear that the West s historic power and influence is receding, Gideon Rachman offers a road map to the turbulent process that will define the international politics of the twenty-first century."

Occidentalism: The West in the Eyes of Its Enemies


Ian Buruma - 2004
    But "the West" is the more dangerous mirage of our own time, Ian Buruma and Avishai Margalit argue, and the idea of "the West" in the minds of its self-proclaimed enemies remains largely unexamined and woefully misunderstood. Occidentalism is their groundbreaking investigation of the demonizing fantasies and stereotypes about the Western world that fuel such hatred in the hearts of others.We generally understand "radical Islam" as a purely Islamic phenomenon, but Buruma and Margalit show that while the Islamic part of radical Islam certainly is, the radical part owes a primary debt of inheritance to the West. Whatever else they are, al Qaeda and its ilk are revolutionary anti-Western political movements, and Buruma and Margalit show us that the bogeyman of the West who stalks their thinking is the same one who has haunted the thoughts of many other revolutionary groups, going back to the early nineteenth century. In this genealogy of the components of the anti-Western worldview, the same oppositions appear again and again: the heroic revolutionary versus the timid, soft bourgeois; the rootless, deracinated cosmopolitan living in the Western city, cut off from the roots of a spiritually healthy society; the sterile Western mind, all reason and no soul; the machine society, controlled from the center by a cabal of insiders—often Jews—pulling the hidden levers of power versus an organically knit-together one, a society of "blood and soil." The anti-Western virus has found a ready host in the Islamic world for a number of legitimate reasons, they argue, but in no way does that make it an exclusively Islamic matter.A work of extraordinary range and erudition, Occidentalism will permanently enlarge our collective frame of vision